SOURCE: BrightScope


October 19, 2010 09:00 ET

BrightScope Releases the Top 10 Indianapolis Area-Based Companies With the Best 401K Plans

ATA Airline, Inc. and Local Law Firms Top the Region's List

SAN DIEGO, CA--(Marketwire - October 19, 2010) -  BrightScope (, the leading independent provider of retirement plan ratings, today announced the Top 10 Indianapolis area-based companies with the highest ranked 401k plans containing more than $50 million in assets. BrightScope obtains an increasing amount of its data directly from plan sponsors and record keepers, and augments these primary sources with data from publicly available sources such as the Department of Labor and the Securities and Exchange Commission. By analyzing and interpreting this data, BrightScope provides unprecedented transparency into the 401k industry.

"A majority of Americans rely on their 401k plan for retirement, yet they do not have a clear idea of how their plan performs. BrightScope provides an understandable way for plan participants to see how the components of their plan are working for them," said Mike Alfred, CEO and co-founder of BrightScope. "The high ratings on Indianapolis' Top 10 List are proof that many of the region's companies are taking the necessary steps toward providing a successful financial future for their employees."

Top 10 Indianapolis area-based companies with the highest ranked 401k plans containing more than $50 million in assets:

Company -- Plan Name -- BrightScope Rating (Rounded to the nearest whole number)

1. Barnes & Thornburg LLP -- Barnes & Thornburg LLP Profit Sharing Plan and Trust -- 85

2. ATA Airlines, Inc. -- ATA Cockpit Crewmember 401k Plan -- 84

3. Ice Miller LLP -- Ice Miller 401k Retirement Savings Plan -- 82

4Bose McKinney & Evans LLP -- Bose McKinney & Evans Retirement Plan -- 81

5. Baker & Daniels, LLP -- Baker & Daniels LLP Retirement Savings Plan -- 79

6. Vertellus Specialties Inc. -- Vertellus Specialties Inc. 401k Deferred Savings Plan -- 79

7. Asphalt Materials, Inc. -- Heritage Group Retirement Savings Plan I -- 77

8. Duke Realty Corporation -- Duke 401k Plan -- 77

9. Roche Diagnostics Corporation -- Roche Diagnostics Corporation Cash Accumulation Plan -- 77

10. The Care Group, LLC -- The Care Group, LLC Retirement Savings Plan -- 77

BrightScope's 401k plan Rating was developed by BrightScope, Inc. with the help of leading academics and independent 401k fiduciaries. Analyzing more than 200 individual data points, the BrightScope Rating algorithm can calculate a single numerical score for each 401k plan in the country. The data points examined cover broad categories such as total plan cost, company generosity and investment menu quality.

BrightScope has rated more than 50,000 401k plans, spanning more than 30 million workers and over $2 trillion in assets. Industry adoption of the BrightScope Rating will lead to more cost-effective plans, increased participation rates, higher employee satisfaction and better outcomes for the 60 million employees who depend on their 401k plan for retirement. 

About BrightScope
BrightScope is committed to helping America's workforce retire in dignity. BrightScope is an independent data analytics firm that quantitatively rates 401k plans and gives employers, employees, and advisors tools to enhance plan performance and maximize retirement outlook. The BrightScope Rating™ developed in partnership with leading independent 401k fiduciaries, reviews more than 200 unique data inputs per plan and calculates a single numerical score which defines 401k plan quality at the company level. BrightScope-published ratings, rating definitions, criteria and methodologies are available on the company's public site,

Contact Information

  • Korina Buhler
    Atomic PR for BrightScope
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